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  • Top 10 salaries in Saudi Arabia
     

    Banking is one of the only sectors in Saudi Arabia to see a dip in compensation in 2012 Salary Survey. Construction project managers now earn the highest monthly salary.

     
  • Seasonality and the Saudi Stock Market
     

    A recently released note by Jadwa Investment discusses the effect that seasonal trends have on the Saudi economy, noting that while all economies have seasonal trends, “for Saudi Arabia these trends are more pronounced than for most other global economies…The slowdown in activity in the third quarter due to the long hot summer is a key driver […]

     
  • Saudi construction sector to gather steam in H2 2012
     

    The Saudi construction sector will further gather steam in the second half of 2012, the National Commercial Bank “Construction Contracts Index” for the second quarter of this year released Saturday indicated. NCB Construction Contracts Index reached 309.12 points by the end of the second quarter of 2012, with the total value of awarded contracts reaching […]

     
  • Saudi Athletes in London
     

    London 2012 was historic for both Saudi Arabia and the Olympic games. Saudi Arabia sent its first female athletes ever to the Olympics, completing a strong talking point for the games’ organizers: London 2012 was the first time every country competing in the Olympics sent at least one woman. Sarah Attar (800m) and Wojdan Shahrkhani (Judo) […]

     
  • Saudi success in show jumping underscores shift in equestrian order, helps its Olympic future
     

    Saudi Arabia appeared on the equestrian show jumping map in at the Sydney Games in 2000 when Khaled Al Eid won an individual bronze. He qualified for London but had to withdraw in July after his horse, Presley Boy, developed laminitis, a painful inflammation of the hoof. Some had considered the Sydney medal a blip, […]

     
  • Many in GCC Prefer to Get Medical Treatment Abroad
     

    While Gallup surveys show that most GCC residents are satisfied with the availability of quality healthcare in their area, outbound medical care remains an expensive problem for Gulf governments, with the UAE alone spending $2 billion per year to send its residents abroad for treatments. Patients may choose to travel abroad because of poor quality […]

     
  • The Secret History of America’s Thirty-Year Conflict with Iran
     

    A new book on the long confrontation between the US and Iran blames the George W. Bush administration for squandering opportunities to improve relations with Tehran and invading Iraq in 2003 without recognizing that Iran would wind up being the power broker in that country. These criticisms are remarkable given their source: David Crist, author […]

     
  • Graph of the Day – Saudi Oil Production Since 2008
     

    Jadwa Investment’s recently released Chartbook for the month of August 2012 found that  the Saudi Arabian economy overall remained “robust.” Included in that report is a look at the oil sector in Saudi Arabia. Oil prices “climbed in July because of renewed political tensions with Iran and rising global stock markets,” Jadwa noted.

     
  • Saudi students to establish Islamic center at Murray State University
     

    Saudi students at Murray State University in Kentucky have received a license to establish an Islamic center where they can organize cultural and social programs along with observing religious rites. Saudi students had been performing their prayers and Iftar in a rented building in which other Arab and Muslim students participated. The city’s mayor and […]

     
  • Jadwa Saudi Chartbook: Inflation at 10 Month Low
     

    Jadwa Investment’s recently released Saudi Charbook for the month of August 2012 found that the Saudi economy remained “robust.” On the subject of inflation in Saudi Arabia, Jadwa found “year-on-year inflation slowed to a 10-month low in June, owing to a fall in rental inflation. Most other components of the cost of living index were little changed […]

     

MUST-READS

  • Saudi Arabia starts enforcing first phase of regulating order delivery sector

    The Saudi Transport General Authority (TGA) has started enforcing the first phase of the decisions to regulate the order delivery sector from Tuesday, April 2. This covers three decisions such as obligating non-Saudis working in delivery applications to join one of the companies licensed for light transport activity in four regions of the Kingdom in the first phase; limiting freelance work to Saudis, in addition to issuing controls regulating the use of motorcycles in delivering orders in coordination with the General Department of Traffic, and adoption of uniform for drivers.

  • WTA Finals to be held in Saudi Arabia from 2024-2026 with record prize money

    The season-ending WTA Finals will be held in Saudi Arabia's capital Riyadh from 2024-2026, the women's tennis body said on Thursday, ending months of speculation and marking the Gulf country's latest foray into the sport.
    Riyadh will host the season finale - which features the top eight singles players and doubles teams - from Nov. 2-9 and replaces last year's hosts Cancun, Mexico.
    The WTA said its agreement with the Saudi Tennis Federation will offer record prize money of $15.25 million this year with further increases in 2025 and 2026.

  • Sand creature — like something out of ‘Dune’ — found in Saudi Arabia. See new species

    Along the coast of Saudi Arabia, the Red Sea retreats from the rocky and sandy beaches with the tide, revealing small pools teeming with life. The “lagoon-like” environments are scattered along the shore where land meets water, and in them, tiny creatures crawl up under the rocks and burrow into the sand. Then the rock lifts, and the creepy crawlies are met with the wide eyes of a researcher. One of these researchers is Chloé Fourreau, a PhD student at the University of Ryukyus in Japan. Fourreau is part of a team searching the coastline for the presence of Perinereis, a type of segmented marine ragworm. It wasn’t long before researchers found one — and it’s a new species.

  • Many Iranian options to retaliate against Israel, but all carry risk

    Iran faces a dilemma following an Israeli attack on its embassy in Syria: how to retaliate without sparking a wider conflict that Middle East analysts said Tehran doesn't appear to want.
    Monday's strike, which killed two Iranian generals and five military advisers at Iran's embassy compound in Damascus, comes as Israel accelerates a long-running campaign against Iran and the armed groups it backs. Iranian Supreme Leader Ayatollah Ali Khamenei has vowed revenge.

  • Explainer: Could the Palestinians become a full United Nations member?

    The Palestinian Authority on Tuesday formally asked for renewed consideration by the United Nations Security Council of its 2011 application to become a full member of the world body.
    Palestinian U.N. envoy Riyad Mansour told Reuters on Monday that the aim was for the council to take a decision at an April 18 ministerial meeting on the Middle East, but that a vote had yet to be scheduled.
    Here are details on U.N. membership:

  • Palestinian Mandela? Marwan Barghouti, imprisoned preacher of unity.

    Serving five life sentences after being convicted by an Israeli court for involvement in militant killings in the second intifada, Mr. Barghouti remains the rare – perhaps the only – figure trusted by all Palestinian factions. With his release from Israeli prison demanded by Fatah’s rival, Hamas, and even advocated by a former Israeli spy chief, the mere possibility of Mr. Barghouti’s return to the scene is stirring up Palestinian politics, and hope, at a historic crossroads

  • Israel Unleashed? A Brazen Campaign Against Iranian Targets Could Backfire

    On April 1, Israel launched its latest attack on Iran in the two countries’ ongoing shadow war, with an airstrike that flattened a section of Iran’s embassy complex in Damascus and reportedly killed at least 12 people. Among the dead was Mohammad Reza Zahedi, who headed Iran’s military operations in Syria and Lebanon, where he worked for decades and became a close interlocutor with Hezbollah and its leader, Hassan Nasrallah. The strike also killed Mohammad Hadi Haji Rahimi, Zahedi’s deputy, and at least five other officers in Iran’s Islamic Revolutionary Guard Corps (IRGC).

  • Gaza infrastructure damages estimated at $18.5bn in UN-World Bank report

    The cost of damage to critical infrastructure in the first four months of Israel’s continuing war on Gaza is estimated at about $18.5bn, a new report by the World Bank and the United Nations has found. The report estimated that the damage was equivalent to 97 percent of the combined GDP of the occupied West Bank and Gaza in 2022.

  • ‘Lavender’: The AI machine directing Israel’s bombing spree in Gaza

    A new investigation by +972 Magazine and Local Call reveals that the Israeli army has developed an artificial intelligence-based program known as “Lavender,” unveiled here for the first time. According to six Israeli intelligence officers, who have all served in the army during the current war on the Gaza Strip and had first-hand involvement with the use of AI to generate targets for assassination, Lavender has played a central role in the unprecedented bombing of Palestinians, especially during the early stages of the war. In fact, according to the sources, its influence on the military’s operations was such that they essentially treated the outputs of the AI machine “as if it were a human decision.”

  • Readout of President Joe Biden’s Call with Prime Minister Netanyahu of Israel

    He made clear the need for Israel to announce and implement a series of specific, concrete, and measurable steps to address civilian harm, humanitarian suffering, and the safety of aid workers. He made clear that U.S. policy with respect to Gaza will be determined by our assessment of Israel’s immediate action on these steps. He underscored that an immediate ceasefire is essential to stabilize and improve the humanitarian situation and protect innocent civilians, and he urged the Prime Minister to empower his negotiators to conclude a deal without delay to bring the hostages home.